When the 7th Worker Is Hired,output Increases from 100 Units

question 44

Multiple Choice

When the 7th worker is hired,output increases from 100 units per week to 110 units per week.When the 8th worker is hired,output increases from 110 units to 118 units.This is an example of

• A)diminishing marginal returns.
• B)diminishing marginal cost.
• C)decreasing returns to scale.
• D)labour-intensive production.
• E)increasing returns to scale.

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Definitions:

Humanistic Psychologists

Psychologists who focus on the study of the whole person, emphasizing personal growth and the concept of self-actualization.

Growth Potential

The capacity or ability of an individual or organization to grow or develop abilities, capacities, or size over time.

Rogers and Maslow

Two psychologists known for their humanistic approach to psychology, emphasizing individual potential and self-actualization.

Ivan Pavlov

A Russian physiologist best known for developing the concept of the conditioned reflex through his work on classical conditioning.